What are the auto square-off timings for open intraday positions?
Open intraday positions are closed or auto-squared-off at or after the below-mentioned time:
| Segment | Auto Square-Off Time |
|---|---|
| Equity/Cash | 3:20 PM |
| Equity/Index Derivatives | 3:25 PM |
| Currency Derivatives | 4:45 PM |
| Commodities | 25 minutes before the close |
The onus of squaring off open intraday positions is on the client. An auto square-off charge of ₹50 + 18% GST is applied for each order squared off by ATS. Hence, clients must close their open intraday positions before the square-off time.
Fresh orders for MIS/CO order types or converting the existing CNC/NRML position to MIS after the auto square-off time are not allowed.